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Indian Renewable Energy Development Agency Limited IPO Subscription Status

📅Offer Date: 21 Nov 2023 – 23 Nov 2023

Minimum investment
₹14,720460 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total38.80x
QIB104.57x
NII24.16x
Retail7.73x

Indian Renewable Energy Development Agency Limited IPO was subscribed 38.80x in total when bidding closed on 23 Nov 2023, with 104.57x in the QIB category, 24.16x in NII, 7.73x in retail. The issue ran from 21 Nov 2023 to 23 Nov 2023 at a price band of ₹30.00–₹32.00 per share.

QIB104.57xNII24.16xRetail7.73xTotal38.80x1×

Times subscribed by category against the 1× line.

8
≈ 1 in 8 retail allotment
low allotment chance

Based on retail subscription (7.73x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs13,40,13,15214,01,37,55,305104.57x
NIIs10,05,09,8642,42,83,18,31424.16x
SNIIs (<10L)3,35,03,28861,98,10,82818.50x
BNIIs (>10L)6,70,06,5761,80,85,07,48626.99x
Retail23,45,23,0151,81,28,62,9067.73x
Employee18,75,4201,83,79,1169.80x
Total47,09,21,45118,27,17,52,29938.80x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs428.8444844.02104.57x
NIIs321.637770.6224.16x
Retail750.475801.167.73x
Employee6.0058.819.80x
Total1506.9558474.6138.80x

Values derived from share count × issue price (₹32.00)

What this means for allotment & listing

Because Indian Renewable Energy Development Agency Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Indian Renewable Energy Development Agency Limited IPO subscription FAQs